Year 2018 seems to have the most prolonged dip from what i have seen so far. Some people had serious loss along the line; some vowed never to invest in cryptocurrency again; some sold all their assets and left.
Your encounters though might seem not encouraging, but do you know that you are better of than the person that is just coming in, because of what you now know.
Let go of your mistakes, but whenever you remember them, tell yourself it is not yet over, the crypto space will still get better and you will be glad you're still in the system.
The part that he says "you may not be encouraged but you know more than people that is just starting" is so true. I have been around years and for the past 1 year there has been a lot of people that came into bitcoin world and into bitcointalk as well and almost all of them had two type of personalities.
One is the guy who keeps telling what bitcoin will do and how it will move and what not like they can predict because they look at some chart and assume they know what they are talking about but almost always fail. The other is the guy who keeps asking what to buy constantly so they could get rick very quickly thanks to your advice.
Both of them are quite wrong and anyone who spends a bit of time here and actually cares about reading the topics would know that the only thing we know in crypto is the fact that we know nothing about crypto.